Rheinmetall AG Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	10,998	9,751	7,176	6,410	5,658	5,405
Revenue	10,998	9,751	7,176	6,410	5,658	5,405
Revenue Growth (YoY)	24.61%	35.88%	11.95%	13.29%	4.68%	-14.69%
Cost of Revenue	5,265	4,692	3,239	3,030	2,628	2,728
Gross Profit	5,733	5,059	3,937	3,380	3,030	2,677
Selling, General & Admin	2,744	2,383	2,056	1,843	1,643	1,537
Other Operating Expenses	1,019	870	721	552	526	461
Operating Expenses	4,213	3,639	3,079	2,644	2,405	2,248
Operating Income	1,520	1,420	858	736	625	429
Interest Expense	-129	-135	-111	-32	-31	-40
Interest & Investment Income	17	19	29	12	4	9
Earnings From Equity Investments	-28	-37	57	39	11	13
Other Non Operating Income (Expenses)	19	1	-4	-45	-14	-13
EBT Excluding Unusual Items	1,399	1,268	829	710	595	398
Merger & Restructuring Charges	-	-	-	-1	-	-
Impairment of Goodwill	-	-	-	-	-	-3
Gain (Loss) on Sale of Investments	-4	-4	-	-	-	-
Gain (Loss) on Sale of Assets	-19	-19	-8	8	2	-
Asset Writedown	-31	-17	-6	-	-15	-29
Pretax Income	1,345	1,228	815	717	582	366
Income Tax Expense	350	333	185	183	150	83
Earnings From Continuing Operations	995	895	630	534	432	283
Earnings From Discontinued Operations	-22	-87	-44	6	-100	-283
Net Income to Company	973	808	586	540	332	-
Minority Interest in Earnings	-133	-91	-51	-66	-41	-27
Net Income	840	717	535	474	291	-27
Net Income to Common	840	717	535	474	291	-27
Net Income Growth	49.20%	34.02%	12.87%	62.89%	-	-
Shares Outstanding (Basic)	45	43	43	43	43	43
Shares Outstanding (Diluted)	47	47	46	43	43	43
Shares Change (YoY)	-0.05%	0.69%	6.87%	0.18%	0.26%	0.26%
EPS (Basic)	18.82	16.51	12.32	10.93	6.72	-0.63
EPS (Diluted)	18.36	15.97	12.06	10.93	6.72	-0.63
EPS Growth	45.33%	32.36%	10.35%	62.59%	-	-
Free Cash Flow	98	988	345	-175	419	216
Free Cash Flow Per Share	2.10	21.17	7.45	-4.04	9.68	5.00
Dividend Per Share	8.100	8.100	5.700	4.300	3.300	2.000
Dividend Growth	42.10%	42.10%	32.56%	30.30%	65.00%	-16.67%
Gross Margin	52.13%	51.88%	54.86%	52.73%	53.55%	49.53%
Operating Margin	13.82%	14.56%	11.96%	11.48%	11.05%	7.94%
Profit Margin	7.64%	7.35%	7.46%	7.40%	5.14%	-0.50%
Free Cash Flow Margin	0.89%	10.13%	4.81%	-2.73%	7.41%	4.00%
EBITDA	1,918	1,754	1,113	922	802	663
EBITDA Margin	17.44%	17.99%	15.51%	14.38%	14.17%	12.27%
D&A For EBITDA	398	334	255	186	177	234
EBIT	1,520	1,420	858	736	625	429
EBIT Margin	13.82%	14.56%	11.96%	11.48%	11.05%	7.94%
Effective Tax Rate	26.02%	27.12%	22.70%	25.52%	25.77%	22.68%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.